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Review of O’Brien, D. P., & Creedy, J. (Eds.). (2010). Darwin's clever neighbor: George Warde Norman and his circle. Cheltenham: Edward Elgar. ISBN: 978-1848445574. $165.00.
Abstract
Review of O’Brien, D. P., & Creedy, J. (Eds.). (2010). Darwin's clever neighbor: George Warde Norman and his circle. Cheltenham: Edward Elgar. ISBN: 978-1848445574. $165.00.
As I write these words, hordes of financial analysts in lower Manhattan and dozens of other locations are hard at work estimating the value and risk of financial derivatives so…
Abstract
As I write these words, hordes of financial analysts in lower Manhattan and dozens of other locations are hard at work estimating the value and risk of financial derivatives so exotic that, a few decades ago, literally no one could have conceived of them. Many – probably most – of these analysts are “rocket scientists” with graduate degrees in physics, mathematics, or statistics. Using what might have been called “supercomputers” not so long ago, they seek to create composite assets that react in particular, predictable ways to changes in the prices of equity and debt contracts. These attempts to conquer the risk-return tradeoff and to ensure a healthy return in any and all market conditions have yet to succeed completely (as a recent Federal Reserve bailout testifies), but the rocket scientists are still hard at it, seeking to maximize returns while minimizing risk.
Adam Smith’s theory of economic growth, as presented in the Wealth of Nations, is based upon the potential for increasing returns in manufacturing generated by increased…
Abstract
Adam Smith’s theory of economic growth, as presented in the Wealth of Nations, is based upon the potential for increasing returns in manufacturing generated by increased specialization and division of labour and upon the accumulation of real capital, which is necessary to support the greater division of labour. The increasing returns part of Smith’s theory leaves open the possibility that bank credit, issued judiciously, might be used to extend the market and so increase an economy’s growth rate. However, Smith’s theory of bank credit and note extension is quite conservative. Henry Dunning Macleod, a century after Smith, made much of the potential of credit to extend the market. Notes Smith’s apparent inconsistency and considers reasons why he might have chosen not to promote the use of credit to enhance economic growth.
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Prabha Ramseook-Munhurrun, Perunjodi Naidoo and Sandhya Armoogum
This paper addresses the issue of the underrepresentation of women in leadership positions within the information and communication technology (ICT) and engineering fields. The…
Abstract
Purpose
This paper addresses the issue of the underrepresentation of women in leadership positions within the information and communication technology (ICT) and engineering fields. The study examines the complex issue of vertical segregation and gender equality by exploring the barriers that women encounter and the potential coping strategies they adopt to advance in their careers.
Design/methodology/approach
The study employs a qualitative approach, conducting semi-structured interviews with 17 women at middle and upper management levels in the ICT and engineering sectors. This approach aims to better understand women's workplace experiences and gain deeper insights into the nature of the barriers they face.
Findings
The study identifies four main factors hindering women's progression toward senior management positions, namely working hours, work-family conflict, social role stereotypes and second-generation bias. The results also offer useful insights into the coping strategies adopted by women to overcome these barriers.
Practical implications
The study highlights the persisting underrepresentation of women in senior positions, indicating a societal and organizational lag in terms of inclusion and equity. It underscores the importance of developing effective policies to address the challenges faced by employees striving to balance their work and family commitments. Training is recognized as an important tool for raising awareness about gender stereotypes among employees and reducing second-generation bias.
Originality/value
This study provides valuable lessons derived from its findings, including potential strategies that organizations can implement to help women navigate and overcome workplace barriers in the ICT and engineering fields.
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Ileana Zeler, Cristina Fuentes-Lara and Ángeles Moreno
This paper aims to explore the position of women in the communication management sector in Spain from their own experiences. The study examines female communication and leadership…
Abstract
Purpose
This paper aims to explore the position of women in the communication management sector in Spain from their own experiences. The study examines female communication and leadership styles, emphasising the cost of leadership in which they are leaders or led.
Design/methodology/approach
This study used a qualitative methodology based on in-depth interviews with 22 women actively working in top companies and agencies: female communication directors, female employees with a female leader and female employees with a male leader. Data were analysed through thematic analysis.
Findings
Results show mixed communication and leadership styles. In addition, the high level of self-demand of female communication managers stands out, making it challenging to achieve a work-life balance and the implementation of successful role models.
Social implications
Exploring the factors of female leadership remains necessary to understand and make their situation in various industries and positions visible. It also helps remove barriers to leadership, guide organisations in addressing gender discrimination issues and develop mechanisms for the internal promotion of female professionals.
Originality/value
To the best of authors' knowledge, this is the first study exploring the leadership and communication styles of women in the Spanish Public Relations (PR) and communication management industries. It also highlights the aspects influencing the cost of leadership.
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Jane Hurst, Sarah Leberman and Margot Edwards
The purpose of this paper is to examine the intersections between the way women’s careers develop, the hierarchical relationships between women and the resulting implications for…
Abstract
Purpose
The purpose of this paper is to examine the intersections between the way women’s careers develop, the hierarchical relationships between women and the resulting implications for gender equity in the workplace.
Design/methodology/approach
While a considerable body of research exists on gender in the workplace, the intersection between the way in which women ' s careers develop and the influence hierarchical relationships between women in the workplace have on that career development are under-researched. This paper examines existing relevant research, discusses the implications of these intersecting areas and raises areas for future academic research, as well as the development of organizational practice.
Findings
The nature of the hierarchical relationships between women in the workplace is an important but under-researched factor when considering the career development of women. Delving into the experiences of women managers and employees, both good and bad, enables a deeper understanding of the role these relationships play in shaping the careers of women. From this, personal and organizational strategies can be developed that enhance workplace relationships and the career development of women.
Originality/value
This paper encourages academics and practitioners to critically consider the connections between hierarchical workplace relationships and career development as part of organizational practice and further gender equity research.
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Bruce C. Skaggs and Kevin T. Leicht
The social organization of work has become more entrepreneurial and less bureaucratic over the past 20 years. How is this development consistent with managerial control over the…
Abstract
The social organization of work has become more entrepreneurial and less bureaucratic over the past 20 years. How is this development consistent with managerial control over the labor process? This paper develops a professional autonomy perspective to explain the acceptance of new management ideas in the United States, including the recent turn away from bureaucratic organizational forms. The focus on professional autonomy helps to create a theoretical link between past and current managerial practices, including the latest anti-bureaucratic phase that we label neoentrepreneurialism. We conclude by exploring future research implications of studying managerial practice from a professional autonomy perspective.